This overlay strategy offers two selectable entry modes: a Bollinger squeeze on typical price and a simple moving-average cross. It filters trades by weekday, session, date range, and an optional news window, and can restrict direction or invert the side. Risk
Strategy · Pine Script v6 · On the chart
Forex EMA Strategy with Dashed Stops & Table
This strategy trades EMA crossovers on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code78
Settings9inputs
LicenceNone stated
Last update1 year ago11 Apr 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Forex EMA Strategy with Dashed Stops & Table enters long when the fast EMA crosses above the slow EMA and price is above a longer trend EMA, and enters short on the opposite cross below that filter. Entries are allowed only in a morning session or an optional evening session. An ATR stop is placed beyond the signal bar, using a larger multiplier in the morning session and a smaller one otherwise. It plots the three EMAs and the active stop, and shows session, position, and stop in a bottom table. There is no take-profit rule.
- Fast and slow EMA crossover
- 200-period trend filter EMA
- ATR session-based stop loss
- Morning and optional evening sessions
- Bottom session and position table
Details
Published by
CodeThat on GitHub
Type
Draws
On the price chart
Markets
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA | int | 10 | emaShortLength |
| Slow EMA | int | 50 | emaLongLength |
| Trend Filter EMA | int | 200 | trendFilterLength |
| Morning | session | 0700-1100 | morningSession |
| Evening | session | 1900-0200 | eveningSession |
| Enable Evening | bool | true | tradeEvening |
| ATR Length | int | 14 | atrLength |
| Day Multiplier | float | 2.0 | dayMultiplier |
| Night Multiplier | float | 1.5 | nightMultiplier |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
Boilerplate is a foundational framework designed for automated strategy development. It integrates multi-timeframe Exponential Moving Average (EMA) and Average Directional Index (ADX) filters to avoid trading counter-trends or choppy markets, along with a sess
This strategy trades directional momentum breakouts for crude oil on the price chart. It enters long or short positions when a fast exponential moving average crosses a slow exponential moving average, provided that current Average True Range exceeds its movin
This strategy example enforces a daily loss limit. It detects a new trading day, stores starting equity, and tracks the day's highest and lowest equity. Trading permission depends on whether the loss from the day's starting equity stays inside a percentage of
This strategy overlays the price chart and combines Smart Money Concepts with prop-firm account limits. It scores setups using break of structure, fair value gaps, order blocks, volume spikes, and optional London or New York killzones. Entries use a minimum sc
This strategy plots Bollinger bands and a simple moving average on the price chart. It opens a short when price crosses above the upper band while below the average, and a long when price crosses below the lower band while above the average. Entries are allowe
Related on ForexR
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers